secwatch.observer — SEC 8-K summary
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Issuer:     Monster Beverage Corp (MNST)
CIK:        0000865752
Form:       8-K
Filed at:   2024-02-28T23:59:59+00:00
Accession:  0001104659-24-028756
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Monster Beverage reports record Q4 net sales of $1.73B (+14.4%), EPS $0.35 (+22.3%)
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- Q4 net sales $1.73B (+14.4% YoY); foreign currency adjusted +16.1%.
- Net income $367M (+21.6%); adjusted net income $401.5M (+33.1%).
- Gross margin 54.2% vs 51.8% a year ago; improved by pricing and lower freight costs.
- Alcohol segment impairment charges of $39.9M due to craft beer/seltzer challenges.
- Q4 share repurchases 0.8M shares at avg $54.57; $642.4M remaining under buyback.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/865752/000110465924028756/0001104659-24-028756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/865752/000110465924028756/tm241011d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-028756

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